Zimbabwe, May 18 -- The Board of Directors of the African Development Bank Group has approved a $4 million grant to support Zimbabwe's efforts to clear its debt arrears and re-engage with the international financial community.The funding will finance the Zimbabwe Arrears Clearance Dialogue Enhancement Project (ZACDEP), aimed at strengthening dialogue and reforms needed to advance the country's arrears clearance process.As of the end of 2025, Zimbabwe's public debt stood at approximately $21.5 billion, including $11.7 billion in external debt, of which about $7.7 billion is owed to multilateral and bilateral creditors. This burden of arrears has severely constrained the country's access to external financing and limited public investment.The...